Japan’s Top FX Diplomat Kanda: Govt, BoJ must take seamless response to market moves
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Japan’s top currency diplomat Masato Kanda said on Friday that the government and Bank of Japan (BoJ) must take seamless response to market moves.
Meanwhile, Japan’s trade union confederation said that they agreed to an average of 3.8% wage hikes for FY2023, the biggest jump in wage hikes since 1994.
At the time of writing, USD/JPY is keeping its recovery mode intact at around 133.25, still down 0.36% on the day.
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